Foulger-Pratt Breaks Ground on 60 I St SW
Joint venture with local church to deliver 197 residential units above a new sanctuary.
Washington, D.C. (November 5, 2021)—Foulger-Pratt broke ground today on 60 I Street SW, a new seven-story 197-unit multifamily building that will include designated space for the Bethel Pentecostal Tabernacle Assembly of God church, a local congregation celebrating its 100-year anniversary in the community that has owned and occupied the site for the last 60 years.
The new structure will replace the church’s existing facility at 60 I Street SW. Cornerstone Development Group served as the liaison between the church and Foulger-Pratt as the church sought a creative solution that allowed it to continue to operate on the site while providing Foulger-Pratt the rights to redevelop the property to include a multi-family use.
The 17,000 square foot ground-floor space will include a two-story sanctuary as well as a chapel, daycare and areas for classes and prayer groups. The church will have access to underground parking, as well as kitchen space on the garage level. The church will be self-contained with a separate dedicated entrance on the east side of the building.
The multifamily component will consist of 197 residences serviced by a separate, two-story lobby on the westside of the building. Intentionally designed to have more efficient floorplans, the average unit size will be under 700 square feet. The project will also contain 14 affordable units at 60% area median income.
“We look forward to providing additional housing in a prime location, immediately adjacent to all the great amenities of Navy Yard and The Wharf, as well as helping to provide a new home for a community organization with deep roots in the neighborhood,” said Judd Ullom, director of development at Foulger-Pratt. “We’ve been privileged to have the trust of Bethel and Cornerstone in helping to make their vision a reality.”
“Our mission was to help the Bethel Pentecostal Tabernacle church realize the maximum value of its property and structure a partnership with Foulger-Pratt that would address the housing demand in Southwest D.C., while providing the church with a new sanctuary and a long-term revenue stream so the church can continue its ministry and community work as it has for the last 100 years,” said Dario and Christina Davies, principals of Cornerstone Development Group.
“The project will allow our church to continue its mission in the Southwest community, while at the same time helping to meet some of the needs for affordable residential housing,” said Fitz and Sophia Carter, pastors of Bethel Pentecostal Tabernacle.
“As Bethel Pentecostal Tabernacle enters a new season, it is with much humility and honor that we rebuild on the ‘sacred foundations’ laid by our founders and the trail blazers before us. It is especially exciting and to be breaking ground in 2021, the centennial anniversary year of this church and its ministries. For as we break ground, it’s with great expectations we embark into another century of Power, Praise, and Pentecost.”
Torti Gallas is the architect for the project. FormDesign serves as the architect for the church’s interior.
60 I Street sits at the intersection of Half and Eye streets, just west of Navy Yard and a short distance from The Wharf, two metro stops and I-395. Future residents will enjoy convenient access to shopping, restaurants, night life, Nationals Park and Audi Field, home of D.C. United, all while living in a legacy neighborhood with a relaxed, residential feel. 60 I Street SW is right across from D.C.’s Lansburgh Park, which contains community gardens, basketball courts, a dog park, pavilions and grilling areas. The former Randall School across the street from the project will soon be home to a new art museum.
ABOUT FOULGER-PRATT
Established in 1963, Foulger-Pratt is a real estate investment and development firm distinguished by its long-term focus and extensive experience executing successful mixed-use, transit-oriented projects. The firm’s disciplined culture and vertically integrated platform have enabled it to develop more than 15 million square feet of commercial office, multi-family residential and retail projects. by its long-term focus and extensive experience executing successful mixed-use, transit-oriented projects.
Foulger-Pratt is privately owned, led, and staffed by many of the industry’s most talented professionals. The firm’s culture has been carefully cultivated for the last half-century through deliberate effort to operate consistently in accordance with specific core values. The result is a reputation of unmatched integrity, accountability and vision.
For more information, visit www.foulgerpratt.com.
ABOUT CORNERSTONE DEVELOPMENT GROUP
Cornerstone Development Group is a real estate development, investment and design firm with offices in Virginia and Washington, D.C., that specializes in commercial, mixed-use and multifamily projects in the D.C. metropolitan area. Cornerstone Development Group has been actively developing commercial and residential properties for over 25 years, seeking properties where “added value” can be created utilizing the principals’ backgrounds in architecture, financing, development, and construction –a seamless, cohesive process from inception to completion of each project. Cornerstone’s purpose is to create, develop, and build properties to enhance communities and transform lives.
ABOUT BETHEL PENTECOSTAL TABERNACLE
Bethel Pentecostal Tabernacle is an Assemblies of God church in Washington, District of Columbia.From its inception in 1921, the mission of Bethel Pentecostal Tabernacle has been to fulfill the great commission by filling needs, healing hurts, and building dreams. A century later, we continue to run with the vision and always desiring the evidence of God’s Power, Praise, and Pentecost.
Media Contact
Kris Warner
Maier & Warner PR
kris@maierwarnerpr.com
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